UiPath Boosts Q3 Revenue 16% to $411M; ARR Reaches $1.782B
UiPath has reported a significant financial performance for the third quarter of fiscal 2026, ending October 31, 2025. The company’s revenue reached $411 million, marking a 16% increase year-over-year. Additionally, the Annualized Renewal Run-rate (ARR) grew to $1.782 billion, up 11% compared to the previous year.
Financial Highlights
Key financial metrics for the third quarter include:
- Revenue: $411 million (up 16% YoY)
- ARR: $1.782 billion (up 11% YoY)
- Net new ARR: $59 million
- GAAP operating income: $13 million
- Non-GAAP operating income: $88 million
- Net cash flow from operations: $28 million
- Cash and cash equivalents: $1.52 billion
Management Statements
Daniel Dines, Founder and CEO of UiPath, expressed satisfaction with the company’s performance, noting the growth is a testament to the team’s efforts and the demand for integrated automation solutions among enterprises. He highlighted the need for unified platforms that combine various automation capabilities to deliver substantial results for customers.
Ashim Gupta, COO and CFO, emphasized that the company exceeded guidance and achieved its first GAAP profitable quarter. He conveyed confidence in their operational execution as they approach the year’s end.
Fourth Quarter Outlook
Looking ahead, UiPath expects the following for the fourth quarter of fiscal 2026:
- Projected Revenue: $462 million to $467 million
- Projected ARR: $1.844 billion to $1.849 billion as of January 31, 2026
- Expected non-GAAP operating income: approximately $140 million
Recent Developments
UiPath recently introduced capabilities in its platform designed for agentic automation and orchestration. Improved integration with Microsoft Azure AI Foundry and collaborations with OpenAI for ChatGPT connectors have been pivotal. Furthermore, partnerships with NVIDIA and Snowflake aim to enhance the platform’s capabilities in deploying AI automation within critical workflows.
In recognition of its innovations, UiPath has been named a leader in several industry assessments, including the Everest Group Intelligent Process Automation Platform (IPAP) and Gartner’s Magic Quadrant for Intelligent Document Processing.
Conclusion
As UiPath navigates through fiscal 2026, it is poised for further growth, leveraging its robust platform to meet increased demand in AI and automation solutions across enterprises. The financial results reflect the company’s commitment to excellence and its strategic focus on scaling agentic automation.
